PSX
Zarea Limited Secures Rs1.03 Billion in Pakistan’s First IPO of 2025
2 min read
Zarea Limited, one of Pakistan’s largest B2B commodities platforms, has successfully raised Rs1.03 billion in the first initial public offering (IPO) of 2025 at the…
SBP to Introduce New Currency Notes with Enhanced Security in 2025
3 min read
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, announced on Monday that the central bank plans to issue new currency notes in…
Air Link’s Subsidiary set to Begin Local Production of Xiaomi TVs in Pakistan
2 min read
Air Link Communication Ltd., a leading name in technology and communication, has announced the launch of Xiaomi televisions in Pakistan. The initiative will be carried…
Shell Pakistan Renamed to Wafi Energy Pakistan Limited
2 min read
Shell Pakistan Limited has officially changed its name to Wafi Energy Pakistan Limited following the completion of an acquisition by Wafi Energy Holding Limited, according…
Top Contributors to PSX’s 84% Surge in 2024
2 min read
The Pakistan Stock Exchange (PSX) experienced a remarkable surge in 2024, with the benchmark KSE-100 index climbing by 84%, adding 52,676 points to reach a…
Park View Enclave Challenges Silkbank-UBL Merger in Sindh High Court
2 min read
Park View Enclave (Private) Limited has initiated legal proceedings against the proposed merger between Silkbank Limited and United Bank Limited (UBL). The lawsuit, filed in…
PSX Sees Sharp Drop as Shares Tumble Nearly 2,000 Points Amid Afghanistan Tensions
3 min read
The Pakistan Stock Exchange (PSX) experienced a sharp decline on Thursday, as bearish sentiment took hold, with shares plummeting by nearly 2,000 points. The KSE-100…
Pakistan Stock Market Surges as 11 More Companies Cross Billion-Dollar Threshold
4 min read
The Pakistan Stock Exchange (PSX) has witnessed an exceptional rally recently, with the KSE-100 Index closing above 116,000 on Monday, December 16, 2024. This remarkable…
SBP Cuts Key Policy Rate by 200 Basis Points to 13% Amid Positive Economic Indicators
4 min read
ISLAMABAD: The State Bank of Pakistan (SBP) announced on Monday that it has decided to reduce its key policy rate by 200 basis points (bps),…
Mari Petroleum Emerges as PSX’s Top Company with Rs984bn Market Value
2 min read
Mari Petroleum has emerged as the Pakistan Stock Exchange’s (PSX) largest company by market capitalization, overtaking Oil & Gas Development Company (OGDC). The analyst Mohammad…
PSX to Suspend FFBL Trading and Close Futures Contracts Ahead of Merger with FFC
2 min read
The Pakistan Stock Exchange (PSX) has announced that trading in the shares of Fauji Fertilizer Bin Qasim Limited (FFBL) will be suspended starting from Monday,…
Engro to Acquire PMCL Tower Assets for $562.7 Million
2 min read
Pakistan Mobile Communications Limited (PMCL) and Engro Corporation Limited have merged through a Scheme of Arrangement, under which Engro will acquire PMCL’s tower assets. The…
Scam Alert: IGIL Securities Trading Platform Under Scrutiny
2 min read
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert regarding an unlawful trading platform operating under the name “IGIL Securities.”…
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